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Question
In limited partnerships:A.the liability for any loss incurred is borne by the company.
B.the sponsoring company acts as the general partner.
C.there is no special tax benefit for partners.
D.the sponsoring company does not retain rights to use any base technology to develop other products.
Answer
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First movers suffer a cost disadvantage as they are not able to move down the experience curve.
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A.customer switching costs.
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The U.S. Chamber of Commerce and Small Business Development Centers are good places to get information and assistance in starting a new business.
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A.Parameter analysis
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